39 Hickory Street

An exciting property offering several options to the astute investor. 1012 sqm commercial lot fronting the main street of Dorrigo showing a gross return of $58,440 ex GST. A large solid brick building contains The Dorrigo Woodfired Bakery, one of only a few genuine wood-fired bakeries left in Australia. At the rear of the property, serviced by a sealed laneway, is a totally separate 3 bedroom brick and tile residence with a new kitchen and fresh internal paint. Currently both buildings are leased separately, returning 2 streams of rental income. The astute investor could purchase and enjoy this income stream, or they could live in the residence, while collecting the rent from the bakery which is on a long term lease. Commercial property features: • Built approx. 1948 • Fully operational wood fired bakery • Original English Scotch ovens - fully refurbished in 2023 • Large storage space located upstairs • Shop front direct to foot traffic on Hickory Street • Side access to prep area and driveway • Large preparation area hosting the wood fire ovens Residential property features: • Bedrooms (2 with BIR's). 1 bathroom • 2 sunrooms and a study • Gorgeous loungeroom with high ceilings and wooden features • Brick & tile home built approx. 1972 • Freshly internally painted • New kitchen • Single carport • Fireplace • Prime location, stone's throw to all town amenities Located in the beautiful town of Dorrigo, the mountainous hinterland of the Coffs Coast, situated on the main thoroughfare, Waterfall Way, that links the New England area to the coastal strip. Be in the vibrant town of Bellingen in 30* minutes, Coffs Harbour within the hour*, and the university city of Armidale in 1.5* hours. The Dorrigo Plateau is a most desirable location. High rainfall and a beautiful year-round climate that celebrates the seasons. The town and therefore the property has loads of future potential. With the approved $56.4million upgrade to the Dorrigo National Park designed to boost tourism in the area, Dorrigo will be the ideal location to hold an established and opportunistic investment. ZoneE1 - Local Centre Please note the Freehold is for sale not the business.. Enquire today! *Image of storeroom has been digitally decluttered* *Approximately* Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.